Brechin based home buyers urged to share deposit struggle stories

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BRECHIN based home buyers who are having difficulty in raising a mortgage deposit are being urged to get in touch with The MaxTen Campaign.

The campaign’s main is aim is to get deposits limited to just 10 per cent for first time buyers, and they are seeking personal case studies from the Brechin area to help achieve this.

The case studies will be used in a MaxTen Campaign document, which is to be handed in to the Prime Minister at 10 Downing Street in June.

The MaxTen Campaign is being sponsored by eMoov.co.uk, the UK’s largest online estate agent.

Managing director Russell Quirk said: “We are sure there are many people in Brechin who are struggling to save for a mortgage deposit.

“We would be very interested in hearing their stories.

“We launched the MaxTen campaign in March when the average mortgage deposit across Britain hit £25,000 or 20 per cent of average house prices.

“This is scandalous. Anyone on a normal income in Brechin would take years to save a deposit of that size.

“At eMoov we strongly believe that this belt and braces attitude by lenders is holding back the housing market and economic recovery.

“We urge anyone in Brechin who has been struggling to raise a deposit to contact us because we would like to hear their story.

“Rest assured, all information we receive at eMoov will be treated confidentially and no case study will be used in our campaign without permission.”

To share your story with the MaxTen Campaign visit http://www.emoov.co.uk/maxten